Budget Expectations - Zicom Electronic Security Systems Ltd.

Hi,

 

Please find below Budget Expectation from Mr. Manohar Bidaye, Chairman, Zicom Electronic Security Systems Ltd.-

 

"I expect the upcoming budget to provide (for) expenditure on infrastructure development particularly in major metros. Although the Government is investing a lot in building roads, bridges etc., we completely lack in security infrastructure to protect our cities from terror incidence like 26/11.  The government needs to invest in security infrastructure like city surveillance, crowd management (such systems exist in cities like London, New York). This will enable an efficient, secure flow of people, goods, vehicles, capital and information and making India more attractive for private investors, international and regional organizations, residents, tourists and more.

 

The government should also pay attention to custom duties on security & safety products. Peak rate of Custom Duty of 24.42% is applicable for most of the imports on hardware and software. Add to this Freight & Forwarding, Insurance & Other charges the total Import cost goes up to 30% on Ex-Works. Reduction in custom duty on Security & Safety hardware & software will help make these products more affordable."

 

 

Also please find attached the company profile of Zicom along with the profile of Mr. Bidaye & his picture.

 

 

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Regards,
Sunayan Shahani
Associate Consultant
Hanmer MS&L Communications Pvt. Limited | Member of PUBLICIS GROUPE
M: +91 98331 72756